13:13 ET -- FedEx Corp. is one of the most mentioned companies in the U.S. across all news items in the last 12 hours, according to Factiva data. The Memphis, Tenn., parcel-delivery giant is combining its premium Express business and its less costly Ground delivery service into a single operation. The move scraps a long-held corporate structure that FedEx founder Fred Smith established as two independent operations and leadership teams. Dow Jones & Co. owns Factiva. (patrick.chu@WSJ.com)

 

(END) Dow Jones Newswires

April 05, 2023 13:28 ET (17:28 GMT)

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